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Wells Fargo & Company

Type: Company

Name: Wells Fargo & Company

Nationality: United States

Web Address: https://www.wellsfargo.com/

Fact Sheet: Fact Sheet for Wells Fargo & Company

First reported 7 hours ago - Updated 7 hours ago - 1 reports

Wrongful Death Lawsuit against Wells Fargo in Wrongful Foreclosure Case

Disabled veteran Larry Delassus of Hermosa Beach, California, died in court last December while opposing the wrongful foreclosure of his condominium, which he had purchased 17 years earlier, prompting those close to him to sue the bank.The wrongful death ... [Published AllGov - 7 hours ago]

Entities: Wells Fargo & Company, Wrongful Death, Foreclosure

First reported 9 hours ago - Updated 8 hours ago - 2 reports

JPMorgan Chase & Co

Bank of America Corp (BAC), Wells Fargo & Co (WFC), JPMorgan Chase & Co. (JPM): The Upcoming Events To Watch

In this series, we’ll explore the data announcements and events that may affect the performance of bank stocks during the upcoming week.With a big win under their belts, the banks are heading into next week with some momentum. As the economy enjoys some ... [Published InsiderMonkey.com - 9 hours ago]

Entities: JPMorgan Chase & Co, Wells Fargo & Company, Bank of America Corp, Mortgages

First reported 17 hours ago - Updated 9 hours ago - 2 reports

Mike Rogers

Cyber Attacks against US Banks More Severe

WASHINGTON:The series of cyber attacks that repeatedly knocked major US banking websites offline in the past nine months has been more powerful than the general public realizes, government officials and security experts told the reporters at Cybersecurity ... [Published Indiatimes - 13 hours ago]

Entities: Cyber Attack, DDoS Distributed Denial-of-Service Attack, Mike Rogers

First reported May 17 2013 - Updated 11 hours ago - 4 reports

Citigroup Inc

4 Reasons This Company Could Do Better Than You Think

Chad is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.When I look at Citigroup (NYSE: C)The old and the newOf the big banks, Citigroup is the only one I know of to create ... [Published Motley Fool - 11 hours ago]

Entities: Citigroup Inc, Wells Fargo & Company, Bank of America Corp

First reported May 17 2013 - Updated 12 hours ago - 4 reports

Wells Fargo & Company

Wells Fargo stops some foreclosure sales to review guidelines

Bloomberg News Winston-Salem JournalSAN FRANCISCO -- Wells Fargo & Co., the biggest U.S. home lender, has halted some foreclosure sales until it can understand new federal guidelines on seizures sent to the nation's large and mid-sized banks.The new rules ... [Published Winston-Salem Journal - 20 hours ago]

Entities: Wells Fargo & Company, Foreclosure, guidelines

First reported May 17 2013 - Updated 12 hours ago - 6 reports

QBE Insurance Group Ltd

Floridians could net $19 million in Wells Fargo settlement

A group of South Florida attorneys has negotiated a projected settlement of more than $19 million to resolve a class-action case brought on behalf of thousands of homeowners across the state who, through their Wells Fargo Bank mortgages, were subjected ... [Published South Florida Sun-Sentinel - 12 hours ago]

Entities: Wells Fargo & Company, Mortgages, Class Action, QBE Insurance Group Ltd

First reported May 17 2013 - Updated 17 hours ago - 4 reports

John Stumpf

Wells Fargo Stock Rises to Record Close Amid Home Market Rebound

May 18 (Bloomberg) -- Wells Fargo & Co., the largest U.S. home lender and the nation’s most valuable bank, closed at a record high yesterday as strength in the economy and housing markets spurred buyers.The shares rose 1.6 percent to $39.88 in New York, ... [Published Washington Post - 17 hours ago]

Entities: Wells Fargo & Company, John Stumpf, Wachovia Corporation, Market

First reported May 17 2013 - Updated May 17 2013 - 2 reports

American Banker: Wells, Citigroup halt foreclosure sales in several states

American Banker is reporting that Wells Fargo and Citigroup ‘halted’ most of their foreclosure sales in several states after evaluating the process against the backdrop of new guidance from the Office of the Comptroller of the Currency.http://www.americanbanker.com/issues/178_96/wells-citi-halt-most-foreclosure-sales-as-occ-ratchets-up-scrutiny-1059224-1.html ... [Published HousingWire.com - May 17 2013]

Entities: Foreclosure, Citigroup Inc, Office of the Comptroller of the Currency

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Wells Fargo: The Winning Streak...

Wells Fargo (NYSE:WFC) traded at a new 52-week high today of $39.76. This new high was reached on below average trading volume as 14.2 million shares traded hands, while the average 30-day volume is approximately 20.7 million shares.There is potential ... [Published Financial News Network online - May 17 2013]

Entities: Wells Fargo & Company, Stocks, Moving Average, Mortgages

First reported May 17 2013 - Updated May 17 2013 - 2 reports

Bruce Berkowitz Buys Chesapeake Energy Berkshire Hathaway Inc Sears Sells CIT MBIA Wells Fargo

Bruce Berkowitz had a good year in 2012. That was after a miserable 2011. It seems that the redemption of funds have stopped and he could buy some more stocks. He hasn't done much buying over the past year due to redemption. But he did buy back some past ... [Published Birmingham Star - May 17 2013]

Entities: Bruce Berkowitz, Chesapeake Energy Corporation, MBIA Inc, Berkshire Hathaway Inc, Wells Fargo & Company

First reported May 17 2013 - Updated May 17 2013 - 2 reports

Eagle Bulk Shipping Earnings Call Nuggets: Supply & Demand Analysis, Rate Environment

Eagle Bulk Shipping ( NASDAQ:EGLE ) recently reported its first quarter earnings and discussed the following topics in its earnings conference call.Supply & Demand AnalysisAlex Hahn – Citigroup : This is (Alex Hahn) in for Chris. We wanted to know if ... [Published Wall St. Cheat Sheet - May 17 2013]

Entities: Eagle Bulk Shipping Inc, Wells Fargo & Company, Citigroup Inc, Commodities

First reported May 17 2013 - Updated May 17 2013 - 2 reports

Wells Fargo Asking Judge to Cancel Lawsuit’s Class-Action Status

May 17 (Bloomberg) -- Wells Fargo & Co. is set to ask a federal judge today to cancel class-action status he approved for institutional investors claiming the bank marketed a risky securities-lending program as safe.U.S. District Judge Donovan W. Frank ... [Published Washington Post - May 17 2013]

Entities: Wells Fargo & Company, SIVs, Class Action

Quotes

...folks are not afraid, and we're not afraid of the economy," said Ventura resident Tanya Johnson, a member of Model Investment Club Channel Islands. "We're prepared to handle the rise in the markets, and the fall in the markets."

Investment clubs struggle to be relevant after two stock market plunges in a decade [Published Individual.com - 1 hour ago]

..."For most of our history, w o m e n - whatever their abilities - have been relegated to the sidelines," Buffett writes. "Only in recent years have we be-gun to correct that problem."

Warren Buffett News: Berkshire Hathaway Inc. (BRK.A)?s Score Nick, a Ruling, And a Dread Of Speec ... [Published InsiderMonkey.com - 9 hours ago]

...(NYSE:JPM) and Wells Fargo & Co (NYSE:WFC) choose to include their old and new assets together. The nice thing about Citigroup Inc (NYSE:C) "s approach is, investors get a very clear picture of where the bank has been, and where it is going. The company identifies the “old” Citigroup assets as Citi Holdings, and the remainder of the bank as Citigroup. The company is already performing well without this distinction, but if you remove the challenges posed by Citi Holdings, you have a real diamond in the rough. No one would have believed this a few years ago Probably the number one reason Citigroup Inc (NYSE:C) may do better than many think is the company's credit quality has improved dramatically. When we are talking about big banks, credit quality is an issue that is front and center in most investors minds. The bank is already doing well, but if we look past Citi Holdings, the company is crushing the competition. Comparing credit quality between banks comes down to two different measures. First, investors need to look at the bank's non-performing loan percentage. Since non-performing loans are very likely to be written off as a loss. The second number investors need to watch is the bank's coverage ratio. Generally speaking, a bank with a low percentage of non-performers, and a high coverage ratio is a safer bet. When you look at Citigroup Inc (NYSE:C)" s total non-performing loans percentage, it currently stands at 1.72%. Relative to their peers, only JPMorgan Chase & Co...

Citigroup Inc (C), JPMorgan Chase & Co. (JPM): Who?s Future Is The Brightest? [Published InsiderMonkey.com - 9 hours ago]

"In Houston alone, we are looking to hire 50 personal bankers and 75 tellers" Godkin said

Recent economic uptick energizes banking industry [Published Houston Chronicle - 10 hours ago]

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Blogs

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Can two senators end ‘too big to fail’? [Published The Big Picture Blog - 11 hours ago] Can two senators end ‘too big to fail’? Barry RitholtzWashington Post, May 10 2013 Last month, an unlikely pair of senators — Sherrod Brown, an Ohio Democrat, and David Vitter, a Louisiana Republican — introduced a non-binding resolution calling ...
Wells, Citi Halt Most Foreclosure Sales as OCC ... [Published Foreclosure Fraud - Fighting Foreclosure Fraud ... - 12 hours ago] Wells, Citi Halt Most Foreclosure Sales as OCC Ratchets Up Scrutiny Wells Fargo (WFC) and Citigroup (NYSE:C) have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller ...
3 Financial Stock Stories to Close the Trading ... [Published Wall St. Cheat Sheet - May 17 2013] Wells Fargo & Co. ( NYSE:WFC ): Closing price $39.88Subsequent to the release of new rules by the Office of the Comptroller of the Currency, Well Fargo and Citigroup ( NYSE:C ) have suspended the broad majority of their foreclosure sales in several. ...
3 Financial Stock Stories to Close the Trading ... [Published Wall St. Cheat Sheet - May 17 2013] Wells Fargo & Co. ( NYSE:WFC ): Closing price $39.88 Subsequent to the release of new rules by the Office of the Comptroller of the Currency, Well Fargo and Citigroup ( NYSE:C ) have suspended the broad majority of their foreclosure sales in several. ...
YHOO: Opportunity and Challenges in any Tumblr ... [Published WSJ.com: Tech Trader Daily - May 17 2013] Wells Fargo‘s Peter Stabler this afternoon reiterates a Market Perform rating on shares of Yahoo! (YHOO), responding to speculative reports that the company may be interested in buying image-sharing site Tumblr. AllThingsD‘s Peter Kafka and Kara Swisher ...

Audio/Video

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What Will the Fed Do Next? [Published FOX Business - Video - May 17 2013]
Breakingviews: Bank boss bingo [Published Reuters Video: Top News - May 17 2013]
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Press Releases

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Wells Fargo Government and Institutional Bankin... [Published Business Wire - May 17 2013]
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